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    Patrick S. Miles

    Chairman and Chief Executive Officer at Alphatec Holdings Inc
    Board
    Since March 2018
    Age
    59 years
    Education
    Earned a B.S. degree in Finance from Mercer University.
    Tenure
    Joined ATEC as Executive Chairman in October 2017 and advanced to Chairman and Chief Executive Officer in March 2018.

    Also at Alphatec Holdings Inc

    AS
    Ali Shorooghi
    Senior Vice President, Marketing
    CEH
    Craig E. Hunsaker
    Executive Vice President, People & Culture
    DPS
    David P. Sponsel
    Executive Vice President, Sales

    About

    Patrick S. Miles is a seasoned executive in the orthopedic and medical device industry, currently 59 years old. He has built a strong foundation with over 30 years of experience, holding key roles in companies such as NuVasive, Medtronic Sofamor Danek, and Smith & Nephew.

    He earned a B.S. degree in Finance from Mercer University and has effectively leveraged his expertise in marketing, strategic planning, and product development throughout his career. His diverse roles prior to joining ATEC underscore a deep commitment to advancing medical technology and orthopedic care.

    Since joining ATEC as Executive Chairman in October 2017 and being promoted to Chairman and Chief Executive Officer in March 2018 , he has been pivotal in guiding the company’s strategic direction and operational growth. His leadership is marked by a focus on innovation and excellence in spine surgery technology, contributing significantly to the company’s evolving success.

    $ATEC Performance Under Patrick S. Miles

    Past Roles

    OrganizationRoleDate RangeDetails
    Alphatec Holdings, Inc. (ATEC)Executive ChairmanOct 2017 - Mar 2018Former role prior to current CEO position
    NuVasive, Inc.Vice ChairmanSep 2016 - Sep 2017Enhanced strategic plans for future spine surgery and technology development
    NuVasive, Inc.Board MemberAug 2015 - Sep 2017Served on the Board until resignation
    NuVasive, Inc.President and Chief Operating OfficerFeb 2015 - Aug 2016
    NuVasive, Inc.President of Global Products and ServicesOct 2011 - Jan 2015
    NuVasive, Inc.President of the AmericasJan 2010 - Sep 2011
    NuVasive, Inc.Executive Vice President of Product Marketing and DevelopmentJan 2007 - Dec 2009
    NuVasive, Inc.Senior Vice President of MarketingDec 2004 - Jan 2007
    NuVasive, Inc.Vice President, MarketingJan 2001 - Dec 2004
    ORATEC Interventions, Inc.Director of MarketingN/AMarketing leadership role in medical devices
    Medtronic Sofamor DanekDirector of Marketing for Minimally Invasive Systems and Cervical Spine SystemsN/AFocused on minimally invasive and cervical spine systems
    Smith & NephewMultiple positionsN/AHeld several positions; specifics not provided

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$756,577 AnnuallyBase salary for 2024
    RSUs$1,257,174 for 81,794 units N/ANon-performance RSUs granted in 2024
    Non-Equity Incentive Plan Compensation$400,000 Annually50% paid in cash and 50% in RSUs
    All Other Compensation$36,442 AnnuallyIncludes health benefits, disability insurance, and 401(k) matching

    Performance Compensation

    Data from  FY 2024

    Performance RSUs

    MetricDetail
    Performance MetricGlobal Revenue Growth
    Threshold≤ 20% YoY global revenue growth results in 0% earned
    Target25% YoY global revenue growth yields 100% earned
    Maximum≥ 35% YoY global revenue growth yields 250% earned
    MethodLinear interpolation between thresholds
    Target Units245,381 PRSUs
    Maximum Units613,453 PRSUs
    Grant DateFebruary 21, 2024
    Grant Date Fair Value$3,771,506
    Vesting Schedule1/3 vest on each anniversary: Feb 21, 2025, Feb 21, 2026, Feb 21, 2027
    ConditionsVesting contingent upon continued service
    SettlementIssuance of common stock upon vesting